The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacturing Of Machinery And Equipment Manufacture Of Machinery And Equipment N.E.C. 28.15 - Manufacture of bearings, gears, gearing and driving elements
New offshoring locations
Turkey
300 jobs Number of planned job losses
Announcement Date
31 July 2015
Employment effect (start)
31 July 2015
Foreseen end date
28 December 2018
Description
Bosch Rexroth, a German engineering company, is planning to move parts of the activities from its German plants in Horb (Baden-Württemberg) and Elchingen (Bavaria) to its Turkish plant in Bursa. Around 300 employees may be affected by these measures. This step is aiming at a cost reduction.
Bosch Rexroth is a German supplier of tailored solutions for driving, controlling and moving equipment/machinery. The company employs 36,700 people in total and belongs to the Bosch Group. The Turkish plant in Bursa was founded in 2005 with 880 employees currently working there.
In November 2014, Bosch Rexroth has already announced a plan to cut 580 jobs at the company’s headquarters in Lohr am Main where currently 6,000 people are employed and at its 11 other sites in Germany (see November 2014 and May 2014).
Sources
28 July 2015: Focus Online
31 July 2015: Stuttgarter Zeitung Online
Citation
Eurofound (2015), Bosch Rexroth, Offshoring/Delocalisation in Germany, factsheet number 84416, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/84416.
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